2 Waterman Street OLD BAR NSW 2430
$750,000

DESCRIPTION

Located in the heart of Old Bar, 2 Waterman Street is a rare offering combining commercial zoning (E1 - Local Centre), a charming two-bedroom weatherboard cottage, and a fantastic long-term tenant. This property is perfectly positioned to offer both immediate rental income and substantial development potential, making it an outstanding opportunity for savvy investors and business owners.

Key Features:
Zoning: E1 - Local Centre, providing a range of commercial uses and development options

Land Size: 708sqm* of prime real estate, offering ample space for future development or expansion

Current Property: A cosy two-bedroom weatherboard cottage with a long-term tenant in place, ensuring an instant income stream

Location: Just 150m* to Coles, and only 700m* to the beautiful Main Beach of Old Bar

Development Potential: Ideal for a variety of commercial ventures such as retail, office space, cafe, or mixed-use development (subject to council approval)

Properties in this prime location with E1 - Local Centre zoning are extremely rare, offering unique potential for those with a vision for Old Bar’s future. Whether you're looking to expand your business or capitalize on the development potential, this property is a must-see.

If you're ready to invest in a highly sought-after location, contact us today to learn more about this rare opportunity!

Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
*Approximate areas, distances, times